There cannot be any controversy or debate as to how to achieve inclusive
growth. Experience of all developed and developing countries as well as India
shows that in order to achieve inclusive growth we need to do five things.
· First is
growth, which is very important.
· Second
is physical infrastructure such as power, roads and water.
· Third
is social infrastructure that includes education, health, skill building,
hygiene and sanitation.
·
Fourth
is governance, which means that whatever policies you have, whatever laws you
have, whatever funds you spend, they must reach the people so that the
effectiveness of government could be judged by whether we are able to improve
governance or not.
· Fifth and
the last is the attention to the disadvantaged groups, which are not likely to
benefit from growth and governance alone-this could be migrants to cities,
primitive tribal groups, could be women, could be Dalits, could be disabled
people-who would need some special attention.
The focus to these five goals and the relative importance may vary-some
economists may say you give more importance to growth, some may say governance
is equally important. But by and large people will agree that growth, physical
and social infrastructure, governance
and attention to disadvantaged groups-all these need to be done to the extent
possible.
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